Housing Prices in Magnolia Township, IL

How much do homes in Magnolia Township, IL cost?

Median List Price

$127,450

$89/sqft

Based on all homes listed in the last 12 months.

Difference Since April 2023

-$72,549(-36.3%)

Key Takeaway

The list price of homes in Magnolia Township has decreased by 36.3% since last year.

Summary: The median home list price in Magnolia Township was $127,450 in April 2024, down 36.3% from the previous year, and the median price per square foot was $89.

Median List Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $94.9K$82K
-13.6%
3 $214.4K$127.4K
-40.6%
4 $239.9K$224.5K
-6.4%
5+ -$160K
N/A

Summary: Magnolia Township housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 13.6%, 3 bedroom homes decreased by 40.6%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Henry
+1.3%
Magnolia Township
-36.3%

Housing Supply in Magnolia Township, IL

How many homes are available in Magnolia Township, IL?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
58+60.0%

Summary: The Magnolia Township real estate market had 8 homes for sale in April 2024, a 60.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 22
0.0%
4 25
+150.0%
5+ 00
0.0%

Summary: The Magnolia Township housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Days on Market for Magnolia Township, IL

How long does it take to sell a home in Magnolia Township, IL?

Average Listing Age

Apr 2023Apr 2024CHANGE
46 Days48 Days+4.3%

Summary: Homes in Magnolia Township had an average listing age of 48 days in Apr 2024, up by 4.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

Newest Listings in Magnolia Township, IL

Nearby Markets to Magnolia Township, IL